A massive 3,679% burn rate spike propels SHIB's price upward, stirring market interest.

Shiba Inu (SHIB) is currently exhibiting a technical pattern that could signal significant price movement in the near future. According to the widely-used Elliott Wave Theory, SHIB appears to be following a typical five-wave structure that could set the stage for an explosive rally in the coming weeks.

Pepe (CRYPTO: PEPE) is continuing its rally on Thursday, up 58% over the past 24 hours amid new exchange listings. What Happened: Lookonchain data shows that whales are accumulating the meme coin, including one who withdrew 197.39 billion PEPE (worth $4.8 million) from Binance after the Coinbase and Robinhood listing.

Story Highlights WIF memecoin on the verge of achieving a new ATH, surpasses the $4 mark. The SHIB price makes its investors 40% richer this week. Technical indicators record a bullish breakout in the coming time.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

BNB maintains $600 support, setting up for a 19% push to new highs.

The market cap of meme cryptocurrency Pepe (PEPE) recently surpassed the $10 billion milestone.

Shiba Inu (SHIB) sees its burn rate plummet by 94% in 24 hours amid price consolidation after a massive rally. Despite this, the meme coins adoption soars as Shibarium surpasses 500 million transactions, signaling strong user engagement and potential for a stunning comeback.

Binance announces a zero-fee trading promotion for ADA/JPY, DOGE/JPY, and XRP/JPY pairs, starting November 15, 2024. The initiative aims to enhance trading activity with Japanese yen pairs.

Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.

Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism.

Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.

The ongoing crypto buying spree is showing no signs of slowing down. Dogecoin (DOGE) and Shiba Inu (SHIB) have continued their impressive rallies, gaining 82% and 65%, respectively, in the past week. This momentum has spilled to PropiChain (PCHAIN), a real-world asset (RWA) that secured a CoinMarketCap listing.

Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

Unknown whales recently burned billions of SHIB, increasing its burning rate by a whopping 1,837% in one day. As information regarding the monumental token burn spread, SHIB surged by a significant 43% to $0.00002753, a value that had not been witnessed for months.

BNB Chain invites participation in voting for the BIA winner at DevCon in Bangkok, offering a $1,000 BNB reward. Join the live session and cast your vote to influence blockchain innovation.

BNB price remained in a tight range on November 13 even as Bitcoin made a strong bullish breakout to a new all-time high. Binance Coin was trading at $635.35, a few points below this week's high of $666.60 as some analysts predicted that it was on the verge of a multi-year breakout, potentially to $2,000.

The BNB Hackathon in Bangkok concluded with innovative blockchain solutions, awarding top projects like opMatch and BNB Defi Aggregator. A prize pool of $230,000 was shared among participants.

Leading meme coin Shiba Inu (SHIB) has seen an 18% price drop in the past 24 hours. This mirrors the broader cryptocurrency market's downturn, with global market capitalization falling by 5% over the same period.

Shiba Inu climbed 9% to $0.00001908 over the week. SHIB's technical chart has shown recent strength, giving investors confidence that the project can continue rising.

Shiba Inu layer 2 Shibarium has just received a crucial update. Shiba Inu team member Lucie shared on X the details of this latest Shibarium update, announcing that the Shibarium Token Asset Repository is now live.

The recent strong Shiba Inu price rally took a breather, falling for two consecutive days, as traders took profits. At press time, SHIB was trading at $0.0000245, down by 20% from its highest level this week.

BNB Chain is set to host a series of engaging events at DevCon 2024 in Bangkok, including hackathons, incubation programs, and community activities, fostering innovation in the Web3 space.

The market for cryptocurrencies has skyrocketed since Donald Trump recently won the US presidential contest. Expecting great returns, investors are rushing to seize profitable prospects in the digital asset sector with this surge.

Shiba Inu (SHIB) is consolidating after a massive rally that saw its price jump as high as $0.0000303, its highest price level since April. Shiba Inu has also drastically fallen in its burn rate metric and sliding prices.

Investors who witnessed remarkable returns from Shiba Inu and Dogecoin are now focusing on a new entrant in the crypto arena. Rumors are swirling about a potential token that could deliver exceptional growth, sparking curiosity among crypto enthusiasts.

With Bitcoin price recording a drop of ~1% in the past 24 hours, the crypto market has recorded a mixed price sentiment. Moreover, some tokens have recorded a double-digit drop within hours. This highlights increased price volatility in the crypto space.

The market might need time to gain energy for a further move, according to CoinStats.

BNB Chain's Most Valuable Builder (MVB) program partners with Google Cloud, enhancing support for Web3 projects with substantial cloud credits to boost decentralized application development.

It appears that Shiba Inu is following a traditional Elliott Wave pattern, which may indicate a well-organized plan for its future actions. According to the widely used technical analysis tool Elliott Wave Theory, markets frequently exhibit a five-wave pattern during significant trends.

Dogecoin's (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market.

The long-awaited golden cross on the price chart of Shiba Inu (SHIB) finally formed two days ago. However, the price of the popular meme-inspired cryptocurrency took a completely unexpected turn when, with the formation of this pattern, it plunged more than 16% over the next two days, going from a high of $0.00003 to $0.000023, where it found a local bottom and buyers' reaction.

Google Cloud has partnered with BNB Chain to help new Web3 projects thrive. The MVB Program is focused on helping up to 40 projects build dApps” on the BNB Chain.

"Half a billion and counting - keep it going," LUCIE stated.

The other massive loser over the past day is Cardano.

Shiba Inu (SHIB) has been on an impressive run, surging to a 7-month high of $0.00003031, and popular crypto analyst Crypto Amsterdam believes that every price dip in SHIB presents a prime buying opportunity. This recommendation comes after a series of technical developments that suggest SHIB is poised for continued upward movement, even though short-term volatility could create dips along the way.

On Tuesday, two blockchain development firms announced new partnerships with Google Cloud: BNB Chain and ZetaChain. BNB Chain received $10 million for its MVB Program, and Google Cloud will validate ZetaChain's mainnet and testnet.

As Shiba Inus price soared, one whale sold 100 billion SHIB, netting $2.85 million. The same whale still holds 2.5 trillion SHIB, a sign of ongoing confidence amid SHIBs 16% daily rally and anticipation of a fresh all-time high.

The Shibarium layer-2 solution, powered by Shiba Inu, crossed an incredible 500 million transactions, signaling robust network adoption. This milestone, however, has yet to impact SHIBs price significantly, with hopes pinned on market trends to fuel a rally.

After a remarkable 81% climb in under two weeks, Shiba Inu (SHIB) broke into the top 10 cryptocurrencies by market cap, reaching a peak valuation of $17.4 billion. However, a quick market pullback caused SHIB to lose ground, with Tron reclaiming its spot.

Binance Coin (BNB) has been on a strong recovery path, with its price currently trading around $650. This marks a significant rebound after BNB found support at its 100-day Simple Moving Average (SMA).

A dormant Shiba Inu whale rises & shines upon the mainstream canine coin's tremendous 49% rally.

A dormant SHIB whale sold 100 billion tokens worth $2.85 million. Despite this, the memecoin spiked by 16.34%.

During Monday's trading session, the crypto market experienced a slight cooldown as Bitcoin price reverted from $90,000. The bearish turnaround is likely a post-rally pullback meant to recuperate the exhausted bullish momentum.

Shibarium, the Ethereum-based Layer-2 scaling solution backed by the Shiba Inu (SHIB) ecosystem has recorded a huge mainnet milestone. According to data from Shibarium scan, the total transactions processed on the platform has crossed the 500 million milestone.

Shytoshi Kusama, the lead developer of the popular meme cryptocurrency Shiba Inu, has proposed a strategic initiative that could transform the United States into a global epicenter for blockchain technology.